Congress passed the Sarbanes-Oxley Act of 2002 (SOX) to restore public trust in the markets. Between its ways of achieving this, SOX attempts to recover organizational ethics by defining a code of ethics as including the promotion of honest besides ethical conduct, requiring disclosure on the codes that apply to senior financial officers as well as including provisions to encourage whistle blowing.
Library Spotlight on Skills- Identifying and Evaluating Information
Look back at a research study article that you have previously read. Using the information from the websites listed below, evaluate the research article. Was the study well designed? Is the analysis of the study results logical?
Main Task: Evaluate the Effectiveness of SOX Legislation
Prepare a paper in which you address the subsequent-
1) Brief historical summary on SOX enactment
2) The key moral components of the SOX
3) Social responsibility insinuations regarding mandatory publication of corporate ethics
4.One of the foremost criticisms of SOX is that its implementation presents an unfair burden on smaller organizations. Do you agree or else disagree with this statement? Why?
5. How might you propose improvement of the SOX legislation?